Sales Tool · DIME

Quick financial
needs analysis

Size up the right face amount in under a minute. Built on the classic DIME framework — Debt, Income, Mortgage, Education.

D Debt
$
I Income Replacement
$
yrs
M Mortgage
$
E Education
yrs
$

Recommended Coverage

$ 1,355,000

of coverage recommended — replacing 10 years of income, paying off the mortgage, clearing debts, and funding education.

Breakdown

Income replacement $850,000 63%
Mortgage $280,000 21%
Debt $25,000 2%
Education $200,000 15%
Face Amount $ 1,355,000
Use this as a starting point, not a ceiling. DIME is the floor — the bare minimum to make the family whole financially. Real-world conversations often add child-care costs, legacy goals, and final-expense buffer on top. When in doubt, round up.
How DIME Works

Four numbers, one face amount.

Each letter covers a specific financial hole that would be left behind. Add them up and you have the minimum coverage needed to keep the family whole.

D

Debt

Credit cards, student loans, auto loans — anything that wouldn't disappear on death and would burden the surviving family.

I

Income

Annual income times the number of years the family needs that paycheck replaced. 10 years is standard; 15–20 if kids are young.

M

Mortgage

Outstanding mortgage balance — paid off in full so the family keeps the home without monthly pressure.

E

Education

Per-child cost × years × number of kids. $25k/year is a reasonable in-state public default; bump it for private or out-of-state.

Want to turn this number into an actual policy?

The DIME calculation is the starting point. A conversation with Verity Group LV helps you find the right carrier, structure, and cost for your client.

Schedule a Conversation